For Sale
Property summary
This exceptional value-add investment opportunity presents a 38,375-square-foot retail property situated on a 2.57-acre lot in Springville, New York. The single-story, Class B building, constructed in 1994, boasts 28,000 square feet of net rentable space, currently housing multiple tenants including AutoZone and M&T Bank. The property features 136 on-site parking spaces, providing ample convenience for customers and employees. Strategically located at the signalized intersection of Route 39 and Route 219, a major thoroughfare in Springville, this property benefits from high visibility and accessibility. The surrounding area is densely populated with various retailers and restaurants, including Country Fair, Emerling Ford, Tops Markets, and a Walmart Supercenter, ensuring a robust customer base. Zoned for Commercial/Industrial Park District use, this versatile property is well-suited for a variety of uses, including community facilities, warehouse operations, wholesale businesses, mobile home and boat sales, self-storage, and retail establishments. The asking price is $2,900,000, translating to $75.57 per square foot. This presents a compelling opportunity for investors seeking a strong return on investment in a prime location.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Auto Parts Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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